SYN Token Soars 47% Amid Migration to Cortex Protocol, Trading Volume Surpasses $124 Million

The significant price increase in SYNUSDT over the last 24 hours is primarily attributed to the ongoing migration of SYN tokens to the new Cortex Protocol (CX) at a 1:5.5 ratio, which has driven heightened trading activity and investor interest. This migration event, combined with the associated rebranding, has led to a surge in both price and trading volume as market participants adjust their positions in response to the transition.

Currently, SYNUSDT is trading at $0.1878 on Binance, reflecting a 47.06% increase from the 24-hour open of $0.1277. Trading volume has risen sharply, with the most recent 24-hour volume exceeding $28 million on Binance and up to $124 million across all platforms. The token has experienced notable volatility, with a 24-hour low of $0.1253 and a high of $0.2230, while the circulating supply is estimated between 181.8 million and 220 million SYN out of a maximum 250 million.